Del Monte Corporation (DMC)
Del Monte Corporation operates in the Agricultural Farm Products industry of the Consumer Defensive sector, headquartered in Coral Gables, FL, US. The stock last traded at $30.18, down 1.55% on the session, giving a market capitalisation of $1.42B. On trailing twelve-month figures it carries a trailing P/E of 41.92, a net margin of 0.8%. Its beta of 0.24 implies it has historically moved less than the broad market.
Del Monte Corp. engages in production and distribution of fresh fruit and vegetable products. It operates through the following segments: Fresh and Value-Added Products, Bananas, and Other Products and Services. The Fresh and Value-Added Products segment includes sales of pineapples, melons, non-tropical fruit (including grapes, apples, citrus, blueberries, strawberries, pears, peaches, plums, nectarines, cherries, and kiwis), other fruit and vegetables, avocados, fresh-cut fruit and vegetables, prepared fruit and vegetables, juices, other beverages, and prepared meals and snacks. The Bananas segment produces bananas. The Other Products and Services segment operates the third-party freight and logistics services business and the Jordanian poultry and meats business. The company was founded in 1886 and is headquartered in Coral Gables, FL.